Navigating through the complexities of tax deferment and guarantee amendments can often seem daunting, especially when dealing with forms like the C1201A. This particular form serves a crucial role for businesses and guarantors involved in deferred duty payments to Her Majesty's Revenue and Customs (HMRC). It is essentially an amendment to the original C1201 deferment guarantee, allowing for changes to be made regarding the amount guaranteed, the name of the applicant, or both. Changes might include an increase or decrease in the liability or even a temporary increase for a specified period. Guarantors are required to inform HMRC of these amendments by filling out the C1201A form clearly and in detail, ensuring all changes are documented accurately. The form necessitates details such as the Deferment Approval Number (DAN), guarantor reference number, and the current amount of the guarantee, alongside the name of the applicant and the guarantor. Specific amendments, whether it's a change in the applicant's name, adjustments to the liability amounts, or other relevant changes, must be clearly ticked and detailed in the form. Moreover, for changes in the applicant's name, a Certificate of Incorporation upon Change of Name must accompany the form, while changes concerning legal entity require a new application for deferred duty facilities altogether. It underscores the importance of maintaining precise communication with HMRC and ensuring all legal and procedural requirements are met to safeguard the interests of all parties involved.
| Question | Answer |
|---|---|
| Form Name | C1201A Form |
| Form Length | 2 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 30 sec |
| Other names | pbchd snm form 1201, hmrc c1201, c1201a from, form c1201a |
Deferment Guarantee Amendment to C1201
To: HM Revenue & Customs, Banking Operations, Central Deferment Office, 6th Floor North West, Alexander House, 21 Victoria Avenue,
(Please print clearly and in capitals, kindly ensure you complete all details on the reverse of this form)
Deferment Approval Number (DAN)
1.Guarantor reference number: Current amount of guarantee Name of applicant
Name of Guarantor
£
We have been requested by the above applicant to amend our above C1201 deferment guarantee dated: |
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Therefore, we agree that our Guarantee number |
will continue to apply in your favour but it is to be |
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amended as follows: |
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(Please tick appropriate box(es))
2.Change of applicant name
the name of the applicant as stated at part (2) of the C1201/or on prior Notice of Amendment is amended to read as
"..........................................................................................................................................................................................................................................................................................".
A Certificate of Incorporation on Change of Name, is required to be submitted with this notice of amendment for changes to the applicant's name. In the instances of any changes of legal entity, the Commissioners require a new C1201 to be submitted by the Guarantor in the new name of the applicant, as part of a new application for deferred duty facilities.
3A. Increase in liability (A or B to apply)
the amount mentioned in Clause 3(a) of the C1201/or on prior Notice/s of Amendment is amended to read
(amount in figures/Pounds sterling) £ |
.............................................................................................................................................................................................. |
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(amount in words) |
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with effect from |
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until further notice. |
3B. Temporary increase in liability
the amount mentioned in Clause 3(a) of the C1201/or on prior Notice/s of Amendment is amended to read
(amount in figures/Pounds sterling) £ ..............................................................................................................................................................................................
(amount in words) |
......................................................................................................................................................................................................................................... |
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with effect from |
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until last day of (month/year) |
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thereafter automatically reverting to the current amount. |
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However, the liability of the Guarantor to the Commissioners of the temporary increase amount mentioned above, shall
continue until written confirmation by the Commissioners of the expiry of this temporary increase is received by the Guarantor.
All other terms and conditions remain unchanged.
C1201A |
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HMRC 03/12 |
4. Decrease in liability
the amount mentioned in Clause 3(a) of the C1201/or on prior Notice/s of Amendment is amended to read
(amount in figures/Pounds sterling) £ |
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(amount in words) |
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with effect from the 01/ |
(month)/ |
(year) |
However, the current liability of the Guarantor to the Commissioners of the amount mentioned in Clause 3(a) of the C1201/or prior C1201A Notice/s of Amendment, prior to the effective date of this decrease, shall continue until written confirmation by the Commissioners of this decrease is received by the Guarantor.
Guarantor's stamp
Dated this |
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Year |
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Name of Guarantor |
For: |
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Signature: |
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Status of Signatory:
Address of Guarantor (for correspondence purposes in regard to this C1201A)
Town
County
Postcode
Phone number
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